These are some notes I took at financial seminar last fall. Hope they can be of use.
– For every dollar you get 50% protection.
– Liens: take time to make money.
– Start 20 5K get 232,830 in 10 years with the Texas Lena 25%
– over-the-counter: is buying liens after auction.
– Insurance companies normally bid on the big properties.
– Bidding for tax liens is one. But whoever bids the lowest percentage of interest. If no one bids against you. You get the original set percentage offered by the state.
– Don’t go lower than 14%
– Florida has a rule that the homeowner has to pay an extra 5% per month to what their taxes due.
Have more to add to the list, please share in the comment section of the blog.